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He bought a bond with a face value of 50,000$ and a single annual payment of 6%. His effective annual income tax is 33% and
He bought a bond with a face value of 50,000$ and a single annual payment of 6%. His effective annual income tax is 33% and the annual inflation is approximated to be 3%. The maturity date (period) of the bond is 10 years. What is the equivalent value of this bond after 10 years with respect to today's purchasing index (price index)?
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